Most people starting a new career with Flying Fish choose to pay for their training upfront. However, a growing number of customers funding a new career want the option to spread the course fees giving your wallet a bit of breathing space.
Finance is only available on our Superyacht Steward/ess and Deckhand courses.
Applying for finance is a simple process.
Our finance package allows you to pay back your course fees over a 12 month period with your first payment taken one month from the start of your course. The loan is interest-free, with fixed monthly repayments so you can keep control of your outgoings.
The three basic requirements are that you:
If you meet this, we can create and send you an application. The application is quick to complete and usually gives an instant answer on if you have been approved. As it is a financial agreement you are applying for, it is vital you ensure all details are correct.
The application will ask for basic details, three years of address history and details of employment.
When submitting a finance application, details matters. Before applying please make sure you have read the information below.
All details entered during the application process must be personal to the applicant. E.g. personal email address, phone number. Do not use a work email or contact number.
Your personal details entered into the application must match your ID. No abbreviations
You are at least 18 years old.
Ensure gross annual income is entered not your weekly/monthly income. If full/part-time employment (minimum 16 hours per week). Your annual earnings are over £10,000 per year.
You are a permanent UK resident and have lived in the UK for at least 3 years. Make sure you enter the address printed on your ID (passport or driving license). This will be the same address that you are registered to vote. Some people may have moved around a bit, you may have just moved into a new property, if this address is added you may be declined finance.
You need to have a UK bank account that can accept direct debits
By submitting an application from for approval, our finance partner will run a credit check on you. Flying Fish do not have any access to your financial data.
Unemployed/Students/Non-UK residents
Credit Check
Credit check takes place using TransUnion, you can check your credit report held with them via creditkarma.co.uk
Your application will be assessed based on various factors including eligibility, credit history, and affordability, and Duologi will let you know the outcome of their decision in just a few seconds. Please ensure you input the correct information when applying for finance with Duologi as this can impact the decision. It is also important to know that when applying for finance a hard credit check is made and this is recorded on your credit file.
Examples of input errors to avoid:
Please note, you can only apply for finance within 120 days of the start date of your course.
Is it really interest-free?
Yes. There are no set-up fees, no catches
When is my first payment?
Payments are via direct debit, with the first payment is taken 30 days after your course starts.
Can I repay the loan at any time?
Yes. If your financial position changes then you are able to pay off the loan in full at any time.
Is finance available on all Flying Fish courses?
Finance is available for our Superyacht Steward/ess and Deckhand courses.
Can I cancel?
You have the right to withdraw from the finance arrangement within 14 days after you have signed the agreement.
Our aim
You spoke, we listened. Our customers have been asking if there is “another way to pay”. Flying Fish wants to offer our customers not only a fantastic training package but the ability to choose how to pay. Finance is not for everybody, only enter into an agreement if you are able to pay back the loan.
Finance is provided by our partner Duologi. Duologi is a trading name of Specialist Lending ltd which is a limited company registered in the UK. Registered address 10 Bressenden Place, London, SE1E 5 DH, UK. Authorized and regulated by the Financial and conduct Authority under number 774712
Any late or missed repayments may have serious consequences and your credit rating may be affected which could make it more difficult to obtain credit in the future. Offered subject to status and successful credit assessment